1. Integrity and Honesty
We conduct our business with honesty and integrity, fostering trust and transparency in all interactions. We are committed to delivering on our promises and maintaining the highest ethical standards.
2. Client Commitment
Our clients are at the heart of everything we do. We strive to provide innovative, high-quality solutions tailored to their specific business needs, ensuring their satisfaction and success.
3. Respect and Fairness
We treat everyone with respect, dignity, and fairness. We value diversity and promote an inclusive environment where different perspectives are encouraged and valued.
4. Confidentiality
We respect the confidentiality of information entrusted to us by our clients and partners. We are committed to protecting sensitive data and using it responsibly.
5. Compliance with Laws and Regulations
We comply with all applicable laws, regulations, and industry standards in the regions where we operate. We are dedicated to ethical business practices and expect the same from our partners and clients.
6. Professional Development
We encourage continuous learning and professional development. By staying abreast of the latest technologies and industry trends, we ensure the delivery of innovative and effective solutions.
7. Social Responsibility
We are committed to making a positive impact on society. We engage in sustainable practices and contribute to the communities in which we operate.
8. Reporting Concerns
We encourage open communication and expect employees to report any unethical behavior or violations of this Code. Reports will be handled confidentially and without retaliation.
9. Legal and Regulatory Compliance
At Novum LLC, we prioritize full compliance with all relevant laws and regulations in every jurisdiction where we operate. This commitment extends to specific areas of trade, antitrust, and anti-corruption to ensure ethical and lawful conduct across all aspects of our business.
9.1 Trade Compliance
Adherence to Export and Import Laws:
We comply with all applicable export and import control laws, trade sanctions, and embargoes. Employees must ensure that our operations do not violate these regulations.
Restricted Parties Screening
We maintain processes to verify that we do not engage in business with individuals, organizations, or countries prohibited by trade laws.
Transparency in Documentation
All import/export documentation and declarations must be accurate, complete, and transparent.
9.2 Antitrust Compliance
Fair Competition
Novum LLC is committed to fostering fair competition and refrains from engaging in anti-competitive practices such as price-fixing, bid-rigging, or market allocation.
Prohibition of Unfair Trade Practices
Employees are prohibited from sharing sensitive competitive information with competitors or engaging in activities that could unfairly influence the market.
Awareness and Training
Regular training is provided to employees to ensure awareness of antitrust laws and compliance requirements.
9.3 Anti-Corruption and Bribery
Zero Tolerance Policy
Novum LLC has a zero-tolerance policy for bribery or corruption in any form, whether direct or indirect.
Prohibition on Improper Payments
Employees and agents must not offer, give, solicit, or accept any form of bribe, kickback, or improper payment to gain or retain business or influence decisions.
Third-Party Due Diligence
All third-party agents, consultants, and partners must be thoroughly vetted to ensure they comply with anti-corruption standards.
Compliance with the Law
We adhere strictly to global anti-corruption regulations, including the U.S. Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act.